Were using bizo retargeting to continue nurturing and educating these potential prospects and. We have a great product that has rapidly become the standard in industrial safety. The companys field id software offers unparalleled traceability in safety compliance inspection operations, streamlining processes and improving efficiencies. Bdcs financing is helping us add more frontline salespeople and strengthen our marketing program, says somen mondal, ceo, field id.
Theres no secret to being acquired, but these tips can help. Rigging equipment is another big area where rfid tags are being used. The owner was an entrepreneurinresidence, paul hyde, who later become one of the first investors in mr. Independencecraving coworkers somen mondal and shaun ricci left their consulting company careers to plant their entrepreneurial seed in field id, a paperless approach to safety that combines software, handheld devices and the internet to automate safety compliance inspection. The purchase nets master lock an entry into the software market, something its been looking for according to field id ceo somen mondal. Somen served as cofounder and ceo of field id until it was acquired by master lock llc in december 2012. There is a huge amount of paperwork that must be created to ensure a harness is safe and compliant with safety regulations, says somen mondal, ceo of n4 systems. Apr 16, 2014 theres no secret to being acquired, but these tips can help. Software consortium brings open source focus to rfid it.
As the ceo and cofounder of field id, somen is responsible for corporate vision, strategy, business growth and allaround customer satisfaction. Mar 21, 2016 despite operating outside his field he stressed how important his engineering background was in starting financial companies. How multimillionaire somen mondal invests his money. Holland 1916 makes a new name for itself with rugged rfid. Master lock acquires field id safety compliance, inspection. Field id customers around the world are tracking over one million cranes, ropes, slings,personal protective equipment and other types of critical assets. Entrepreneurial confessions city life vaughan lifestyle.
Field id is a cloudbased software solution that helps you streamline safety management by making inspection processes and lockouttagout procedures digital. The company, which makes workplacesafety inspection. Slated panel presenters include rfid technology experts somen mondal of field id, tom bamford of infochip, and jim stradinger of holland 1916. Regular rfid tags can be found just about anywhere, he said, but holland. Field id eliminates paperwork and the reentry of safety data by allowing you to manage processes and procedures from mobile devices. Today somen and his team are helping match talented. Ideas ignite at entrepreneurship weekend event u of t. Somen s leadership has helped earn field id a spot on the profit hot 50 and deloitte fast 50. Headed by ceo somen mondal, n4 systems specializes in delivering innovative automated safety compliance inspection solutions. Memotexts amos adler presents at university of torontos. N4 systems was launched by partners somen mondal and shaun ricci fulltime in 2007, and recieved angel funds the following year from a number of investors, including rob mcewen and paul hyde. How multimillionaire somen mondal invests his money the. Field id, formed the basis for their software company.
Theres no secret to being acquired, but these tips can. Field id a softwareasaservice enterprise security solution provider was acquired in dec. Field id was founded by somen mondal and shaun ricci in 2006, though it didnt become a fulltime venture until 2007 and didnt raise angel funding until 2008. Inspection software for the ipad interview with somen mondal.
Mar 11, 20 somen mondal, ceo and cofounder of field id, commented, rob louv and the archpoint team were able to bring a level of process expertise critical to the success of this transaction. Toronto, ontariomarketwire oct 12, 2012 field id n4 systems inc. Our partnership with a leading software provider for safety and inspections, n4 systems, brings a complete and targeted solution to this growing market. To date, its been very difficult to reach these people again, said somen mondal, ceo of field id. Somen has the privilege of working with an extraordinary team, and together with them, is establishing field id as the global leader in inspection and safety compliance management. Somen is a canadian entrepreneur and the cofounder of ideal. Psion teklogix, n4 systems partner to provide realtime. Somen mondal, ceo of field id in toronto, writes software for the inspection and safety compliance management industry. Somen mondal, whos also the coceo of torontobased n4 systems, aims to create a haven for open source applications and middleware that can be used in conjunction with rfid deployments in retail supply chains.
Field id receives bdc financing to accelerate growth. Bizos selfservice retargeting solution offers fast onramp. With an early fascination of the future of ai, somen pursued a b. Using his engineering analytical thinking skills he built a software company that sold for tens of millions. Feb 21, 20 the purchase nets master lock an entry into the software market, something its been looking for according to field id ceo somen mondal. How we built a sales team for our tech startup ideal. Feb 03, 2012 somen mondal, ceo of field id in toronto, writes software for the inspection and safety compliance management industry. Managing explosives at sunshine village resort it world. Torontobased saas enterprise safety company field id. Topics include fund raising, sales and marketing and growing pains, as well as the story of his company, field id. Bizos selfservice retargeting solution offers fast on. Field id is a shift in the way companies conduct inspections and manage safety compliance, said somen mondal, president and ceo of n4 systems. Somen mondal, ceo and cofounder of field id, commented, rob louv and the archpoint team were able to bring a level of process expertise critical to the success of this transaction. Somen s leadership has helped earn field id a spot on the profit hot 50 and deloitte fast 50 companiestowatch lists.
Rfid, or radio frequency identification, is a technology that has generated a lot of buzz in retail over the last few years and has. Five facts about using a recruitment chatbot talentculture. Field ids softwareasaservice product offering gives customers around the world the ability to manage safety more efficiently and. Archpoint partners advises field id in its sale to master lock. Field id will become a new, complementary offering in master locks life safety business. The increased popularity of the ipad and iphone from apple inc. Somen mondal somen mondal is the ceo and cofounder of field id and is responsible for corporate vision, strategy, business growth and total customer satisfaction. How we built a sales team for our tech startup ideal medium. Liftit switches to field id for safety compliance ease. Electronic inspection and safety compliance management. The team behind ideal ideal ai for recruiting software.
Candidate screening software and how to pick the right one. May 29, 2016 how multimillionaire somen mondal invests his money. Peakworks adds rfid to fall protection gear secureidnews. Somen mondal, ceo, field id, points to harness manufacturers that are using rfid tags in order to track safety practices associated with the products. The funds will be used to further accelerate field ids revenue growth by supporting its sales and marketing effort.
Field id will continue to operate independently from its toronto headquarters but will leverage master locks sales and marketing capabilities. With the help of his extraordinary team, somen is committed to establishing field id as the global leader in inspection and safety compliance management iscm. The field id ipad app is available in the apple app. Dec 16, 2014 how a career in sales can lead to greatness. Toronto startup field id acquired by master lock canada. Despite operating outside his field he stressed how important his engineering background was in starting financial companies. Liftit switches to field id for safety compliance ease of.
Ceo of field id until it was successfully acquired by master lock llc in 2012. By joining the field id safety network, peakworks inc. Nov 23, 2011 the increased popularity of the ipad and iphone from apple inc. Oct 12, 2012 toronto, ontariomarketwire oct 12, 2012 field id n4 systems inc. Their solution, field id, formed the basis for their. Among them, emerging entrepreneur and recent engineering graduate hadi aladdin compe 1t2 of coursepeer inc. Somen mondal is responsible for corporate vision, strategy, business growth and total customer satisfaction. Basically, the technology works by allowing users of the handheld devices to scan. Their solution, field id, formed the basis for their software company. Somens leadership has helped earn field id a spot on the profit hot 50 and deloitte fast 50 companiestowatch lists. Today, n4 systems is a multimilliondollar software asaservice. At my last startup, field id, we realized pretty early on that selling our product ourselves put a major strain on our resources. Aipowered talent screening and matching ideal is an aipowered talent screening and matching system that enhances hr software to help enterprise teams make more accurate, fair, and efficient talent decisions.